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Feb 17

TECHNICAL ANALYSIS BY NSFX 17.02.2016

By:

High:  Low: 

A short term top is formed at 1.1376 after hitting 100% projection of 1.0517 to 1.1059 from 1.0809 at 1.1351. EURUSD has reached its predicted downside target. We believe that the 1.1050 level below should be supportive, as it was previously so resistive.

R3
R2
R1
S1
S2
S3